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More Volatility Beckons Markets Still Digesting Milestone Week
More Volatility Beckons Markets Still Digesting Milestone Week
Traders buffeted by a swath of central-bank decisions last week are preparing for further volatility amid signs that
2023-07-31 06:49
Trump has spent $40m from his campaign funds on his legal costs, report says
Trump has spent $40m from his campaign funds on his legal costs, report says
Former President Donald Trump’s legal fees are skyrocketing, and have already surpassed $40m as he awaits indictment on a host of charges related to the January 6 attack and his efforts to overturn the results of the 2020 election. The Washington Post reported the staggering total cost of the president’s legal expenditures on Saturday, citing numerous sources within Trumpworld. The mounting costs are only likely to grow more burdensome after Department of Justice special counsel Jack Smith hands down an indictment in the coming days charging Mr Trump for crimes allegedly committed while he served as president. And then there’s Georgia: the former president and members of his legal team are expected to face potential charges as a result of Fulton County prosecutors’ investigation into their efforts to change the election results in that state too. A decision in that matter is expected later this month. Mr Trump’s Save America PAC, his primary vessel for outside spending, is expected to verify this total in a campaign finance filing on Monday, according to the Post. The Trump campaign has been reported in recent months to have begun funneling a greater share of donations directly to the PAC as his legal expenses mount. Complicating the issue: Mr Trump is apparently paying legal fees for a number of those within his inner circle who have been drawn into the investigation — which itself has become an issue that prosecutors are examining. A spokesman for the former president confirmed this, stating only that Mr Trump was paying for legal representation for potential witnesses in the cases against him “to protect these innocent people from financial ruin and prevent their lives from being completely destroyed” by a supposedly “unlawful harassment” campaign led by the DoJ. The Post’s scoop drew ire on Twitter from Trump loyalists, who decried the ongoing and growing prosecution of the former president as a politicised witch hunt. One of those loyalists was Senator JD Vance, who won a hard-fought election last year with close support from the former president throughout his primary and general election campaigns. “The “Trump paid $40m in legal fees” attack is so lame. I have good friends who did nothing wrong who had their legal fees paid by Save America PAC. Would you rather they throw all of their employees under a bus?” tweeted Mr Vance on Saturday. “The real story is that our system has become so corrupted that it costs millions of dollars to fight ir [sic],” he continued. “Anyone who thinks they wouldn’t do this to [GOP primary candidates Ron] Desantis, or [Tim] Scott, or anyone else, is kidding themselves.” Read More Chris Christie slams Trumps as ‘Corleones with no experience’ Nikki Haley urges McConnell and Feinstein to ‘walk away’ after recent health concerns Trump returns to first impeachment roots by saying Ukraine aid should be linked to Biden probes ‘Poetic’: Trump takes stage in Iowa to song about going to prison Joe Biden, America's oldest sitting president, needs young voters to win again. Will his age matter? Only four out of dozens of former Trump cabinet members say he should be re-elected
2023-07-31 06:28
Bear cools off in a Burbank pool during heat wave
Bear cools off in a Burbank pool during heat wave
Police in Burbank California responded to an unexpected visitor having a bear-y good time taking a dip in a neighbor's pool.
2023-07-31 06:27
3 dead after plane crashes into California airport hangar while taking off, authorities say
3 dead after plane crashes into California airport hangar while taking off, authorities say
A small plane crashed into a California airport hangar as it was taking off Sunday, killing all three people on board, authorities say.
2023-07-31 06:25
Charges Trump showed classified documents to golf club guests ‘concerning’, says Nikki Haley
Charges Trump showed classified documents to golf club guests ‘concerning’, says Nikki Haley
GOP presidential candidate Nikki Haley says she’s concerned about the new allegations levied at Donald Trump by the Justice Department, a sign that the Republican field may be growing more comfortable with openly criticising the former commander-in-chief. Ms Haley was speaking in an interview that aired on Sunday on CBS’s Face The Nation when she was asked about new charges filed by the Department of Justice in a superceding indictment this past week accusing Mr Trump of showing classified information to guests at his Bedminster, New Jersey golf club — as well as a new charge of obstructing justice. The former UN ambassador, appointed under Mr Trump, responded that she was very concerned “if these accusations are true”. The most recent accusations, notably, are supported by an audio recording of the Bedminster meeting in question in which Mr Trump can be heard exclaiming that documents he was holding (or gesturing to) were classified. “I think we need to see it,” Ms Haley said, presumably referring to the extent of the DoJ’s evidence. “You know, I think we've heard about it. I think that we know that there's something out there. But look, everybody's innocent until they're proven guilty. And like I said, if this is true, it's incredibly dangerous to our national security. And I think that will play out, but I think that we have to go and see what all the facts are.” She added: “[I]f these accusations are true, it's incredibly dangerous to our national security. But again, this is coming down from a Department of Justice that, frankly, the American people don't trust. “ Mr Trump’s latest criminal indictment — his second — brings the total number of charges he now faces up to 74, split among state and federal jurisdictions. A third is expected to drop within days, charging him with crimes related to the months-long effort by his team to change the 2020 election results including his actions leading up to and during the January 6 attack. Altogether, the charges depict an unprecedented pattern of criminality stemming back from before Mr Trump was ever elected to the stunning end of his administration in January 2021. He now battles for the 2024 Republican nomination, eager to use the powers of the presidency to thwart as much of the legal pressure he now faces as possible, while facing a crowded GOP field seemingly undaunted by his continued polling dominance and utter rout of his party rivals in 2016. Mr Trump has denied guilt in any of the dozens of criminal counts of which he is accused, and maintains that the Justice Department is conspiring with the Biden White House to block him from the presidency. Read More Chris Christie slams Trumps as ‘Corleones with no experience’ Right-wing TV host at Trump rally denies he wants to kill liberals, globalists, and RINOs Trump returns to first impeachment roots by saying Ukraine aid should be linked to Biden probes Only four out of dozens of former Trump cabinet members say he should be re-elected Nikki Haley urges McConnell and Feinstein to ‘walk away’ after recent health concerns Donald Trump's defamation lawsuit against CNN over 'the Big Lie' dismissed in Florida
2023-07-31 06:22
Former US President Trump has spent $40 million on legal fees - reports
Former US President Trump has spent $40 million on legal fees - reports
WASHINGTON Former U.S. President Donald Trump's political action committee is expected to report on Monday that it has
2023-07-31 06:20
5 wounded, 2 critically, after shooting at Michigan shopping center
5 wounded, 2 critically, after shooting at Michigan shopping center
Five people were shot early Sunday morning in a shopping center parking lot in Lansing, Michigan, with two victims in critical condition, authorities said.
2023-07-31 05:56
Five Key Charts to Watch in Global Commodity Markets This Week
Five Key Charts to Watch in Global Commodity Markets This Week
Record heat, extreme weather events and war are still upending global commodity markets. Rice — a food staple
2023-07-31 05:54
Denmark considering banning protests burning Quran and other religious texts
Denmark considering banning protests burning Quran and other religious texts
The Danish government is exploring banning protests destroying holy texts over security concerns.
2023-07-31 05:53
Sunak to Outline UK’s Energy Security Plans Amid Green Backlash
Sunak to Outline UK’s Energy Security Plans Amid Green Backlash
UK Prime Minister Rishi Sunak will outline plans to bolster energy security on a visit Monday to Scotland
2023-07-31 05:48
Trump’s PAC to Report Legal Expenses Exceeding $40 Million
Trump’s PAC to Report Legal Expenses Exceeding $40 Million
Donald Trump’s political action committee spent $40.2 million on legal costs in the first half of 2023 to
2023-07-31 05:28
Mar-a-Lago employee overseeing surveillance cameras previously received target letter in Trump classified documents probe
Mar-a-Lago employee overseeing surveillance cameras previously received target letter in Trump classified documents probe
Yuscil Taveras, a Mar-a-Lago employee who oversees the property's surveillance cameras, received a target letter from federal prosecutors after former President Donald Trump was first indicted in June on charges related to his alleged mishandling of classified documents after leaving office, sources told CNN.
2023-07-31 05:20
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